Read the definition and write out the word from the text (1 point for each correct answer)
1. …being in accordance with reason
2. … the action, process, or result of arranging or being arranged.
3. … an economy of or reduction in money, time, or another resource.
4. … waste material; refuse or litter.
Giving your child pocket money or an allowance can help him start learning about managing money. But whether you do this depends on your values and financial situation.
If you do give pocket money, how much to give depends on what you think is reasonable and what it’s for. For example, you might give an allowance to cover travel to school, lunches or clothes, or just for spending as your child pleases.
Paying your child to help around the house is a complex issue. You might choose to pay your child for a few extra jobs, like raking leaves or babysitting, if it helps your child towards her savings goal. But linking family contribution to pocket money might interfere with the idea of your child contributing just because she’s a family member. Just go with what works for you and your child.
If you do decide to link pocket money to chores, it’s a good idea for the chores to be regular – for example, tidying up the bedroom daily or weekly, putting out rubbish bins each week, feeding the family pet each day, washing the car each week and so on. This gets your child in the habit of working to earn money.
You might also consider having your child’s friends work for you and your child work for their family – teenagers often do a better job and learn more at someone else’s house. These kinds of arrangements also strengthen young people’s social skills and ability to accept payment graciously.
Informal jobs that your child could do at a friend’s place include feeding their pets while they’re on holiday, babysitting or cleaning cars.